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Sunday, February 29, 2004
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PowerBlog Review: The Small Business Blog
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Editor's note: This is the fourth in our popular weekly series of PowerBlog Reviews of other weblogs...
The Small Business Blog's tagline is "The definitive Blog for Small Businesses and their Weblogs!"
And that right there tells you exactly what the Small Business Blog aims to be.
The Small Business Blog is a terrific resource for understanding the concepts of starting and running a small business.
The brainchild of Doug of D.J.K. Enterprises, whose Blogchalk says he hails from Old Bridge, New Jersey on the U.S. east coast, it emphasizes timeless business lessons. The blog was started in April 2003 and was one of the first blogs dedicated to small businesses.
Sure, it occasionally covers breaking news or up-to-the-minute issues. But the real emphasis is on core, enduring issues that small businesses face.
In fact, that's one of the unique features of the Small Business Blog: that it does not sell out to sensationalism. Instead, articles on the Small Business Blog emphasize fundamentals, by offering sound advice about starting, running and succeeding in a small business. As Doug told us recently when we asked about his strategy:
"...The Small Business Blog pays attention to articles, information and learning avenues that others might ignore. The articles featured on The Small Business Blog are of high quality and directly relevant to a small business owner's experiences without concern for the date that they are written or whether they are exciting or controversial. In fact some of the blog entries might be less then exciting to someone not interested in the topic, but the point is that knowing this information will help you succeed in your business and that makes it worthy of notice." One of the things we like best about the site is the way it uses light humor to drive home key learnings. Take for example this recent post: After introducing an article from Startup Journal, Doug adds the following comment that makes everyone I know chuckle -- including me: "... My favorite thing in the whole article is "cash-flow positive". I always get excited when I hear that (yee-hah!)."
Since the Small Business Blog launched there has been a lot of growth in blogs on business topics.
But as one of the first movers, the Small Business Blog is well positioned to build upon its early entry. Where will it go? Remember, it is run by an entrepreneur and small business owner. So the future will be in continuing to provide high quality information. But Doug hints that the blog is prepared to add even more value to small businesses, by integrating products and services into the site that focus on the core value of guiding others to start, grow and succeed in small business.
The Power: The power of the Small Business Blog is the way it speaks to entrepreneurs and small business owners directly, about fundamental issues. It is all about the core requirements of starting, running and succeeding in a small business. Just as succeeding in business often involves hard work and following core concepts without getting sidetracked on the latest, greatest hot topic, the Small Business Blog also sticks to the basics. And in the process provides a valuable resource for small businesses.
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By Anita Campbell | Permalink |
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Film Piracy Threatens Small Businesses
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When films are pirated and sold illegally, it hurts businesses of all sizes, large and small.
It may seem like that new hit film you enjoyed is the product of some large behemoth studio. But an entire ecosystem of small businesses is involved in getting that popular hit film onto movie screens.
A recent New York Times article by Nick Madigan points out:"LISTEN to the Oscar thank-you speeches on Sunday night, and one thing will be immediately apparent: moviemaking is a process requiring many hands and minds.
And while the studios setting those productions in motion are big businesses, most of the workers are provided by a galaxy of smaller ones.
The number of these small independent contractors has risen as some large Hollywood studios have closed costume, special effects and other departments." Counterfeit films have become a huge organized business worldwide. The cost to legitimate businesses is significant.
For instance, in the United States audiovisual piracy is estimated to have cost legitimate businesses at least $1.2 Billion (USD) between 1998 and 2002 -- not counting Internet piracy and theft of TV signals.
According to another source, in the United Kingdom counterfeiting cost legitimate manufacturing and leisure businesses over 8.5 billion pounds in 2002. And the European Union is fast becoming the destination of choice for counterfeit goods.
It's a growing problem that is only getting worse as technology makes it easier to copy and quickly distribute video.
A wide range of small businesses are threatened if the big studios are forced to make fewer films due to piracy. First you have all the small independent contractors involved in making a film. And as the Small Business Survival Council points out, there are all the small businesses involved in distributing that film and getting it into the hands of consumers. "Retail stores, theaters, independent artists, and countless other firms serving these industries and their employees all get hit."
Increasingly we see the trend in many industries toward an ecosystem of small businesses that depend on large businesses, and vice versa. Each supports the other's existence. So when something threatens the large players in an industry, often under the surface is a network of small businesses who are also threatened. That's the case with the film industry and piracy.
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By Anita Campbell | Permalink |
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Thursday, February 26, 2004
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"Proxy" Banks Help Indian Farmers
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Via World is Green (thanks Suhit!) comes this report about a new entrepreneurial approach to banking in rural India.
With nothing more than an Internet-connected computer and an ATM machine, a branch bank of sorts can be set up to give farmers and rural citizens in India access to loans, insurance and mutual funds:"Deepa Shivaswami could have lived like any other girl her age in a remote village in Tamil Nadu. After she dropped out of school, Deepa could have married and started a family.
Instead, she became an entrepreneur. She runs an Internet kiosk in her village, offering services like e-mail, Internet chat, tips for health and education and so on. By and by, she plans to introduce her village to financial products like mutual funds, insurance and even equity trading.
An automated teller machine (ATM) that flashes the local language, Tamil, on its screen is being set up next door. In some time, the Internet kiosk and the ATM duo could well be a proxy bank for rural India. ***
By mid-2004, over 10,000 such kiosks may dot Tamil Nadu and serve as a new vehicle for banking in rural India."
Just like in the United States where branches are the mainstay of driving new business for banks, the "branch" appears to be a necessary part of a banking strategy in rural India. Even if it is a novel kind of "branch." ATM manufacturers, take note.
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By Anita Campbell | Permalink |
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Wednesday, February 25, 2004
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Optimizing Your Google Personality
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A few months ago I posted an article over at Blogcritics about "Google numbers." The post was rather popular so I thought I would post it here for readers of Small Business Trends. Here it is, along with an additional quote I've attached at the end from Faith Popcorn:
Do you know your Google number? Better yet, how big is your Google number?
Your Google number is literally the number of times your name pops up in the Google search results. But, that number has taken on greater significance. To some, it means you are a thought leader, an influential person, an expert -- maybe even famous.
Having a high Google number is becoming a matter of competition in some circles. Here's what colleague Valdis Krebs has to say about it in an article he wrote in HR.com:"We were discussing the current economic climate, when one of the consultants started bragging about a just published book. Soon others were talking about their books. Eventually we were verbally jousting - who amongst us was the most 'well-known' consultant? Being the only consultant present without a book to my name, I had to quickly turn the measuring stick from 'books published' to something else. *** I said, "That's nice, but what's your Google number?" Puzzled looks soon overcame everyone in the room. Google number? What's that? I quickly explained that it was a rough-order measure of your reputation and influence as a thought-leader - it is how much buzz, or word-of-mouth, you have as an expert."
So, how do you interpret your score in Google? Here is what the author has to say:
"If your Google Number is around...
100 or less - keep your day job and start publishing ....
400 - do a nice web site and publish more
800 - it is probably safe to hang out your shingle
1,000 - you are getting some real attention
2,000 - you are well known in your field
5,000 - you are an often quoted expert in your field - a thought-leader"
Faith Popcorn, the trend expert and futurist, predicts that 2004 will be the year in which people actually start optimizing their Google personas: "Google has created the concept of the "Public Resume" -- a new kind of pervasive, email-able DigiTruth. Now that everybody can know everything about almost anyone, an industry will soon evolve to help you manage that public persona-creating the perfect online profile, optimizing your own Google search, giving us control over our digitized public identities."
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By Anita Campbell | Permalink |
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Tuesday, February 24, 2004
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The Environment and Small Businesses
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Until recently, snowmobiling was one of the biggest winter draws for Yellowstone National Park in the western United States.
Then the National Park Service began to phase out snowmobiling for environmental reasons. The number of snowmobiles permitted to enter the Park was severely restricted. Predictably, there followed a series of legal maneuvers involving two lawsuits. Things got really confusing when the lawsuits resulted in conflicting Federal court decisions.
Meanwhile, with spring almost here, the winter season at Yellowstone is a bust. The situation is bleak in towns surrounding the Park, especially West Yellowstone, which depends on the tourist trade. Most of the businesses in town are hospitality related -- hotels and motels, camps, restaurants, snowmobile rentals. And mostly all are small businesses.
Here's what one businessman from the town of West Yellowstone has to say:"... done heavy damage to the economy of a community named West Yellowstone.
Hardly any of the commentators I've encountered on the issue seem to care about West Yellowstone. After all, it's not the commentators' livelihoods being wrecked. They can pretend out of their arrogance and ignorance that the town can recover nicely, and anyway, it's just business we're talking about, isn't it?
Some in our midst seem to think business is the enemy of humankind, whereas the truth is nearly the opposite. Thriving businesses mean jobs and better health and better education and even the funding of all those government programs many of these very same anti-business types do care about."
Usually when you hear about a battle between environmental concerns and business interests it involves Big Business -- logging, oil, mining. In West Yellowstone's case, it's pretty much all about small business.
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By Anita Campbell | Permalink |
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